the_man_agement's Blog: Real Estate

In many ways, real estate investing for quick, turnover profits is much more surgical form of investing. It involves choosing a property in an area that is attracting a lot of buyers,  whether homeowners or rental investors, and making extremely specific improvements to the property for very thoughtful reasons. There's no room for error with turnover properties; you have to know exactly what improvements you'll make, what the property will cost to improve, who you'll sell it to (generally speaking), how long it will take to market and sell, and for how much you can expect to sell it.

In business, the best method of doing almost everything is systematically. So, take a few moments to calculate your costs and expectable profits from any given deal, with…

There are as many investment scenarios as there are clever and ingenious real estate investors in the world, but here are a few that are worth mentioning, either because they're practical or they're so daring as to be brilliant.

One of the most interesting investing strategies I've heard in the last year is cash investing in "dying" blue-collar cities. In fact, the gentleman who told me about this particular investing strategy made his investments in no less than Flint, Michigan, poster child of Midwestern post-industrial decline.

His investing strategy went something like this: he'd buy houses in blue collar neighborhoods for $3-5,000 apiece, in cash, and put another $1-2,000 into each to put them into reasonable rental shape. He…